Axon Enterprise (AXON) Asset Utilization Ratio (2011 - 2026)

Axon Enterprise's (AXON) quarterly Asset Utilization Ratio came in at 0.42 in Q1 2026, up 35.19% year-on-year from 0.31 in Q1 2025, and up 4.2% quarter-over-quarter from 0.41 in Q4 2025.

Axon Enterprise (AXON) Asset Utilization Ratio (2011 - 2026) Analysis & Trends

Axon Enterprise's Asset Utilization Ratio history runs 16 years deep, the most recent figure standing at 0.42 for Q1 2026.

  • On a quarterly basis, Asset Utilization Ratio rose 35.19% year-over-year to 0.42 in Q1 2026; TTM through Mar 2026 was 0.42, a 35.19% increase from a year earlier, with the FY2025 full-year figure at 0.48, down 8.3% from the prior year.
  • Asset Utilization Ratio grew to 0.42 in Q1 2026 per AXON's latest filing, from 0.41 in the prior quarter.
  • Across five years, Asset Utilization Ratio topped out at 0.54 in Q3 2022 and bottomed at 0.3 in Q2 2025.
  • The 5-year median for Asset Utilization Ratio is 0.46 (2023), against an average of 0.44.
  • Across the five-year window, Asset Utilization Ratio slumped 39.93% in 2025 and surged 35.19% in 2026, its largest moves.
  • Year by year, Asset Utilization Ratio stood at 0.49 in 2022, then decreased by 4.07% to 0.47 in 2023, then declined by 23.85% to 0.36 in 2024, then grew by 14.11% to 0.41 in 2025, then gained by 4.2% to 0.42 in 2026.
  • Per Business Quant, the three latest AXON Asset Utilization Ratio figures stand at 0.42 (Q1 2026), 0.41 (Q4 2025), and 0.31 (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Asset Util. (Qtr)
1 General Electric 374.67 Bn 365.33 Bn -3.10 Bn 0.45
2 Rtx 290.29 Bn 281.98 Bn 9.91 Bn 0.54
3 Boeing 169.63 Bn 149.60 Bn 2.41 Bn 0.57
4 Lockheed Martin 133.28 Bn 129.49 Bn 2.45 Bn 1.27
5 Howmet Aerospace 113.32 Bn 110.88 Bn 854.00 Mn 0.71
6 General Dynamics 103.57 Bn 99.24 Bn 6.76 Bn 0.92
7 Northrop Grumman 76.64 Bn 74.33 Bn 3.72 Bn 0.85
8 TransDigm 73.43 Bn 69.55 Bn 1.51 Bn 0.39
9 L3Harris Technologies 51.77 Bn 51.18 Bn 1.40 Bn 0.94
10 Axon Enterprise 41.79 Bn 41.08 Bn 477.29 Mn 0.42

Historic Data

Download Data
DateValue
Mar 31, 2026 0.42
Dec 31, 2025 0.41
Sep 30, 2025 0.31
Jun 30, 2025 0.30
Mar 31, 2025 0.31
Dec 31, 2024 0.36
Sep 30, 2024 0.50
Jun 30, 2024 0.49
Mar 31, 2024 0.48
Dec 31, 2023 0.47
Sep 30, 2023 0.46
Jun 30, 2023 0.45
Mar 31, 2023 0.44
Dec 31, 2022 0.49
Sep 30, 2022 0.54
Jun 30, 2022 0.54
Mar 31, 2022 0.54
Dec 31, 2021 0.52
Sep 30, 2021 0.55
Jun 30, 2021 0.55